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. that's the plan to reach the deficit target. that's the best case scenario because the budget is based on a growth assumption of 0.8% which seems to be far too optimistic. plenty of private economists believe the french economy won't grow more than 0.3% next year. in that case, the government will need to find an additional 5 feweuro of spending cuts on t of what will be announced today. the budget will include one very symbolic measure, new tax rate of 75% for people earning more than 1 million euros per year. it will be implemented only on around 2,000 people and it will raise only 200 million euros. so that's a symbolic measure that the prime minister has been clear already saying that it was a patriotic contribution to help the country recovery. also the government will confirm today probably that the bracket for the income tax in france won't be adjusted anymore to the inflation. that seems to be technical, but it means that with the same salary next year, people here will pay much more taxes than they used to pay. so basically, yes, it's focused on a tax increase. it's really imp
on businesses and the country's wealthy as it seeks to cut the nation's budget deficit. >> in formula one, team mercedes is not going to renew michael schumacher's contract after the season is over. german chancellor angela merkel will have a formidable challenger when she seeks reelection next year. it has been announced that former finance minister peer steinbruck will be running to oppose her. >> is a sharp-witted and sharp- tongued opponent. his candidacy was announced earlier today in berlin. >> he is the spd star right now after the two other contenders made way for him. the parliamentary leader refused to run a second time, and party leader did not think he would attract enough votes, so steinbruck is said to compete against his onetime ally angela merkel for the chancellorship. >> i accept the challenge to take the spd to victory in the next election. that is our goal. we want to oust this government. >> steinbruck says he wants to head a social democrat green coalition. he has a degree in economics and is known for pragmatism and expertise in fiscal policy. he is regarded as a centrist
beating a drum about the deficit which is important but when you look at the concerns of american, let's look at the top five concerns. one, the economy. two, jobs. three, health care. four, education. five was the budget deficit. so no one's minimizing the importance of the deficit but there really is not a program that deals with the other four and they are using extreme measures and cutting up various entitlements and americans that want to deal with the deficit. >> i think what happened in 2010 and democrats in a way allowed this to happen is that the republicans succeeded in making the deficit a central issue and a stand in for people's economic worries across the board. >> right. >> i think now it's much clearer to people that these two things are related but they are quite separate and there are moments when balancing the budget or cutting spending on things like schools and public safety can actually make unemployment worse. i think something else important has happened, which is the health care law was very unpopular on election day back then. the health care law is gaining gr
freezes. the aim is to reduce the fiscal deficit by $39 billion. this will be achieved through an increase in the value-added tax rate introduced early this month. and a new tax on lottery winners. with the new budget the government aims to cut the deficit to 4.5% of the gross domestic product in 2013. it aims to lower the rate to less than 3% in 2014 to fulfill its pledge to the european union. but observers say the government may face difficulties to achieve its reduction target this year. they cite sluggish growth in tax revenue due to deteriorating economy that is worse than many analysts had expected. >>> the world's auto makers unveiled their next generation eco-friendly concept cars at the paris motor show. the exhibition opened to the media on thursday, over 270 companies are taking part this year. germany's porsche and bmw debuted concept cars with eco friendly features. models include plug-in hybrids charged from household power out lets. nissan revealed the concept car, powered by fuel cells. the terra comes with a tablet device that serves as key and dashboard. toyota introduce
this month and a new tax on lottery winners. with the new budget the government aims to cut the deficit to 4.5% of the gross domestic product in 2013. it aims to lower the rate to less than 3% in 2014 to fulfill its pledge to the european union. observers say the government may face difficulties to achieve its reduction target this year. they site sluggish growth due to a deteriorating economy than many analysts had expected. let's get a check on the market. prices rose in new york overnight as they cheered spain's effort to fix troubled finances. we got some economic data and what can you tell us about that? >> before i talk about the stock market let me dpgive you the headline figures. the industrial out put fell 1.3%. that's the second straight month of decline and it is worse than whattagists had expected. second of all we also had some inflation numbers. consumer price index fell 0.3% compared with the same month last year and that's the fourth straight month of decline underscoring japan's deflationary trends eaking of e ock market trading let's check where the nikkei average is. it's
the deficit. you've got to stop spending more money than we take in. and finally, champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve million new jobs in four years. i'm mitt romney and i approve this message.
to balance budget deficits that were around $500 million. this year, we're facing another budget deficit of almost $400 million. fortunately in recent years, we have had some ability to do some one-time budgeting tricks that allow us to balance the budget that do not exist this year. in past years, we've received federal stimulus money. we received more monies from the state government. last year our labor unions decided to contribute a quarter of a billion dollars to help balance last year's and this year's budget. those are things we do not have the ability to avail ourselves of us we balance the upcoming budget in a few months. we are faced with far fewer options. i think we are going to have to continue to look at very deep and difficult cuts. our priorities have to be insuring and protecting the most basic city services and helping to ensure that we have services to the most vulnerable during this great recession. >> what about the city's housing needs? what should the board due to address those needs? >> we are a city that is seventh by 7 miles. we have incredible density. we're th
policymakers but american people, we want a strong agreeing economy, that is the goal, not just deficit reduction or reducing taxes or reform, get this economy to lead in the world, that is what we need, a lot can be done, we can have tax reform, closes loopholes and lower rates for companies and individuals. we can cut spending in a way that we help with growth. and help with jobs. >> what do you think that ratio should be? spending cuts. >> neil, it is the $64 question, only policymakers can decided that. neil: but they are not deciding it. >> in past, in different time its was 50/50, i doubt you should to that now, during the budget talks in last year, they talked about three to one spending cuts over tax increases, you can put it did where you want, but in the condition we're in first of all you can't do this overnight, you need a 10 year plan because right now, the economy is not surging forward. neil: looking at december 31, and i guess that is what i want to raise with you, dennis, one thing paul ryan told me earlier, he does not think, unlike some more conservative purists in th
, but you can't stop watching it. you'll see it. back in 60 seconds. >> greta: from the $16 trillion deficit to the stubbornly high unemployment rate, president obama supportsers are finding lots of reasons to change their votes. they're speaking out in a new ad for the romney/ryan ticket. shot clock. >> i voted for bill clinton twice. i voted for clinton. >> i voted for clinton. >> al gore. >> i voted for al gore. >> al gore. >> i voted for barack obama. >> i voted for barack obama. >> barack obama in 2008. >> i had huge hopes. but you know what, i got burned in 2008. >> the trillions and trillions of dollars of deficits. >> this time. >> this year. >> i've changed. >> i'm changing my vote. >> i changed my mind. >> to mitt romney and paul ryan. >> to romney and ryan. >> to mitt romney and paul ryan. they have plans and ideas that i believe will work. >> greta: joining us our political panel, rick klein, michael crawley, and justin sink. rick? >> find me a voter for voted for mccain four years ago and now says obama. it's a small segment of the population. this is the kind of message. it's a
, then there's no way we're going to deal with a $16 trillion debt and $1 trillion a year deficit. >> medicare, medicaid, social security. fe forget about that. >> this is a no-brainer. first of all, look on your cell phone bill with the tliline tha says universal service fund or fee. you're paying for this. you need to call your member of congress, your senators, call anybody you can and tell them to get on board with killing this program. i have been shocked at how hard it's been to convince people. a lot of that's because people don't know. but you're helping educate them. >> on the cell phone, it says universal fee, universal services fee. that's the cost that taxpayers are paying so that low-income folks can get these phones. that's what we should be looking for. just to be clear, they're not just getting a free phone, but free service. >> it's the service. what happens is the government pays the service and the phones are often given by the provider. that's right. >> all right, congressman. great to have you on the program. we'll be watching this developing story. really an extraordinary
be created in the coming months. that of course is a really big thing. more jobs will slash that deficit. >>> our third story, another day, another bad set of numbers for mitt romney. there are two new polls today by the american research group and they have mitt romney trailing president obama in two more swing states. five points in new hampshire and two in virginia. although i wanted to highlight the virginia one. there had been other polls to show that gap wider. this would be a much better than expected result than some of the others we've seen. this week -- has not been kind to the republican candidate as polls have shown him falling behind the president. but he is not showing any change in confident. >> i've got a little secret here and that is that obama campaign thinks that pennsylvania is in their pocket. they don't need to worry about it. and you're right and they're wrong. we're going to win pennsylvania. we're going to take the white house. >> he's going to have to overcome a big deficit to do it, but people do like a comeback kid. max, jen, the obama campaign press secretar
. at the state level, as we face this huge budget deficit as well to make sure there is flexibility in spending at the local level. but i absolutely think that we need revenue measures that come on the ballot, and voters have to be thinking about ensuring that we have enough revenue so that we maintain infrastructure, the building and maintenance of the streets and buildings and even a kind of parts of the coat -- coast. the need to make sure infrastructure is there and also that we have money that -- to protect the critical safety net for seniors and young children and families and the most vulnerable in our communities as well, but i think those are key questions as the difficult budget for our city comes forward. i will be working with a coalition of family-based and community-based groups and seniors to ensure we protect our community-based services for seniors. >> what are your ideas on dealing with the issue of homelessness? >> i think homelessness has been this structural problem, not just in our city but other metropolitan areas, and i think, at least at the short term level, we have ma
in the finances and reduce the deficit. the richest households and the biggest companies would bear most of the pain. >> this is a fighting budget to restore the country to health. this is fighting a debt. >> the budget will lead to savings of 30 billion euros next year. that is less than 2% of the economic output. public spending will be frozen. care will be higher taxes on those earning over $1 million. they will be taxed at 75%. he is a new media person and a millionaire and he believes the higher taxes will send a message that france is not open for business. >> the risk is not only that talent will leave the country but the young ones with talent will leave the country. >> this week has seen the paris motor show. hard selling in tough times. the french economy is stagnating and workers are being laid off. eight thousands at peugeot alone. some argue that if france is to grow again, it needs radical reform. >> in france, we must do everything for the future to have our industry competitive. beyond retreat -- restructuring, we have one of the highest. >> many of these workers face red
them to be able to reduce the deficit level down to 3% of g.d.p. from 4.5% which is where it is at the moment. the feeling at the moment is it probably won't. let's shift attention over to spain where we had the budget yesterday. generally speaking people were very favorable about the budget, but -- us asterity measures were those ones this would be conditions for a bailout. so a bailout was coming along and so therefore that's what happening. however, the next thing in line, probably after the market's closed, got to be the stress test on the banks. nobody really knows how deeply in debt banks are. how much bad debt they've got out there. could be anything, 150 billion euros there talking about an enormous. >> talking to banks, i'm thinking of the trouble that banks are getting themselves into over this liable scandal. >> yes. will, libel, of course the race at which the banks lend to each other, and it was established by the british banks and them saying this is what we're lending out. they roughly average it together, come out with the libel rates. they're now changing
want bigger government, more intrusive government, trillion dollar deficits as far as the eye can see will vote for him. those who believe we should encourage economic growth, support small business, and create more jobs will vote for me. >> that first debate will take place wednesday night in denver. >>> president obama will stay here in the district today. he has three campaign events scheduled in d.c. the president also campaigned yesterday in virginia. he was 200 miles from romney in virginia beach. >>> the nfl referees are back on the job. the regular refs received a standing ovation when we took the field before last night's ravens-bengals game in baltimore. the honeymoon was short-lived, as you might imagine. the crowd quickly booed when the hometown ravens were called for an unsportsmanlike penalty. this was the first game since the nfl and players union reached a tentative agreement on a new labor contract. nfl commissioner roger goodell apologized to fans for the lockout. >> we're sorry to bring our fans through that, sorry to bring the general public through that. that's, u
close the deficit next year. if you look at example. this was tried in oregon in 2010. it didn't bring the revenue they thought. tried the same experiment in illinois. didn't bring in the revenue they thought. do you think down the line though, somebody will have a scorecard and say this is what you thought it would bring in but it didn't happen? >> well they will have to, melissa. so initially, you're absolutely right. initially when you raise taxes, remember we're halfway through a tax year. so you can't, you can't move today and not claim you earned that money in france. so people will have to pay higher taxes this year. so they might have a little bit better of a budget over the next 12, maybe, 18 months. but after this, things start to fall apart. but more importantly, businesses are going to see growth slow down and they're going to have to lay off workers. this is where the polls and the politics starts to work against the president. melissa: i worry this is where it comes home to the u.s. because immediately today all across the news when people were reporting this story i say
the biggest deficit in history. >> gretchen: who is responsible for the other 90 percent. somebody else? we'll break down the numbers next. >> brian: washington post had a problem. >> key to a woman's heart scaring her half to death. staging a plane crash and popped the question. >> gretchen: that would be an automatic no. -[ taste buds ] donuts, donuts! -who are these guys? -oh, that's just my buds. -bacon. -my taste buds. -[ taste buds ] donuts. how about we try this new kind of fiber one cereal? you think you're going to slip some fiber by us? okay. ♪ fiber one is gonna make you smile. ♪ [ male announcer ] introducing new fiber one nutty clusters and almonds. droid does. and does it launch apps by voice while learning your voice ? launch cab4me. droid does. keep left at the fork. does it do turn-by-turn navigation ? droid does. with verizon, america's largest 4g lte network, and motorola, droid does. get $100 off select motorola 4g lte smartphones like the droid razr. seems they haven't been moving much lately. but things are starting to turn around because of business people like yo
of spending cuts or deshl resources to meet its 2013 deficit target. and fitch is lowering its 2012 growth forecasts both for china and india. citing deteriorating outlook of the global economy. so not a great way to start the morning. >> no, not great, but i like seeing what we did -- i saw ge and i was going to tell whoever thinks that we need to kiss up to them still -- >> minority partner. >> they are. but comcast would have been a better -- or we could have done both. and did i see something that it had first quarter, second quarter, third quarter? what do i need in the fourth quarter to get to the 30%? do we hahave that anymore? is that gone? no, they don't have it. >> i saw the dow, s&p and nasdaq. >> what did it add up to? adds up to like 15 or so. >> i just saw for this quarter. >> oh, it didn't show first quarter, second quarter -- >> no. >> there are corporate headlines. people started getting plaq blackberries? >> they beat expectations. >> they lost money, they beat expectations. >> but they added subscribers. >> subscribers in developed countries. the point is a developing --
is telling france hey, you got to get that budget deficit under control, big budget deficit is verboten the socialist president of france, francois hollande, tax the rich, not so rich, capital gains, profits, you name it, there will be a big new tax. on upper end of income every dollar over a certain level the french government will take 75 cents. rip it right out of your hand. 75 cents on the dollar. more than $200,000, they take 45 cents on the dollar, almost half. bill, this is a massive gamble because france's economy is dead flat, teetering on recession. 10-year high for unemployment and france puts in place huge tax increases. bill: i'm reading the two measures bringing around half a billion euros. >> that's it. >> what will that do for them? >> not much. there are other taxes as well which will bring in a total they think of 20 billion euros. bill: higher tax rates on dividends? >> dividends, capital gains, dividends, profits, reinvestment of capital, interest you name it. bill: here is a query for you. are they cutting spending at all? >> by about $10 billion euros. $20 billion
of these things-- cognitive deficits, depression, and motor deficits-- all occur in parkinson's disease. >> narrator: zigmond suspects the connection between exercise and parkinson's goes way back in time. >> it was probably not so many generations ago that our forebearers were much more active than you and i are. the species that we evolved from probably spent a great deal of time running away, so we wouldn't be prey, or running after, so we would get prey. we don't do that anymore. >> narrator: and could the fact that we exercise less, while living in a more toxic environment, be another indicator that modern life is making matters worse? >> it's ironic that they go hand in hand: more toxins, less exercise. >> narrator: or to put it the other way around, would more exercise mean less parkinson's? the answer to that question may come from a surprising source. >> we're probably the only lab in the world that runs monkeys on treadmills. so, it is not an everyday occurrence. >> narrator: to test the impact of exercise on parkinson's, the university of pittsburgh's dr. judy cameron has div
tax rates 20%, as you said, keep the budget deficit from getting larger, and protect the middle class from any tax increases. well, look, if you're going to cut taxes and you're going to be revenue neutral about it, that is not increase the budget deficit, that means somebody is going to have to pay more to offset the fact that somebody is paying less. >> and who is going to pay more? >> well, what mitt romney initially said was that we will just -- we'll get that from the top 1%. we'll get that from wealthy folks. well, that's where the arithmetic comes in. if you look at all of the deductions, you sum them all up, every single tax deduction going to those high-end folk, they don't make up the difference. it's not enough to offset the rate cuts. so you'd have to go to the middle class. >> okay. well, ryan and romney are fond of bragging about how they'll be tough on issues. once again we give you the candidate. >> we'll also take medicaid as well as housing and food stamps, we'll take the dollars that are going in those programs, return them to the states where they'll grow at the ra
teachers and expand student aid and beef up public unions, sure. cut the deficit and raise the tax rates on upper incomes of successful businesses, guess what it has not worked so far. if it was going to work, it would have already worked. so is this really obama's version of economic patriotism? let's talk. here's jimmy william and cnbc contributor of the american enterprise institute. what is so bloody patriotic about tax hikes, spending increases, regulatory increases and a lousy, worst economy since 1947? >> i'm worried what we will see in 2013 if the president wins is an economic patriot act. and part of it will be dramatically higher taxes on wealthier americans, entrepreneurs. anyone who thinks the end of the obama tax hikes are going to be raising it back to the clinton levels are crazy. you are going to see surtaxes, surtaxes on corporations. there's no way the obama spending numbers work without dramatically higher taxes far above what we saw in the clinton years. >> one of these things has my goat. obama talks about cutting tuition, you can't cut tuition if you expand student
year if congress and the administration can't end the rancor and agree on how to handle the deficit. the ratings agency fitch said today uncertainty about u.s. fiscal policy is the single biggest near-term threat to the global recovery. when you see washington act the way it's been acting, does it make you more cautious? hr of course. >> reporter: bayard winthrop launched american giant, a new men's clothing business in san francisco this year. but the indecision in washington, he says, is holding him back. >> it doesn't breed a lot of optimism. so we're hiring, but we're not hiring as aggressively as i think we would be if i had real confidence that we were on a pathway towards growth nationally. >> reporter: so in effect, washington is undermining the ionomy. >> i think that the lack of substantial and positive debate is undermining the economy. >> reporter: one piece of good news today, weekly first-time unemployment claims dropped to a two-month low. bor the labor department says the economy actually added nearly 400,000 more jobs over the past year than originally estimated. w
as the government tries to reduce its heavy deficit. as turmoil and tension in the euro-zone escalates, there remain questions about the longevity of the euro currency. today, italian prime minister mario monti said he doesn't think any country will leave the union. erika miller reports from new york. >> reporter: as italian prime minister mario monti left today's event, he dodged reporters and walked straight to a waiting car. earlier at the forum, it was a different story. calm, cool and collected, monti stayed carefully on message. he made it clear italy is better off as part of the european union. >> the euro brought to italy a single currency, shared with all the others, that is very important economically. >> reporter: monti also emphasized the benefits of the common currency for other member countries, like germany. >> thanks to the euro, germany was able and is able to have a huge european market free from the risk of competitive devaluations. >> reporter: euro-zone worries have roared back this week, thanks to violent demonstrations in spain. today, the spanish government presented its new
that it will continue to reduce an $81 billion deficit. spain may soon seek health from the yur neen central bank. >>> u.s. economic news, first-time unemployment benefits dropped. it's the lowest level we've seen in nine weeks and a sign hiring may be picking up. four-week average new jobs fell to 174,000. the market a double dose of economic news. the dow jones industrial climbed 72 points. nasdaq added 42 points. >>> first step into e-commerce, the new service called gift. memo park company launched gift with select vendors today. new users will be able to click on ipod and send a friend a gift card, chocolates or other real-life presents. it'll also remind you about events such as birthdays or weddings. >>> a week-long celebration will culminate in san francisco tomorrow night. david stevenson tells us how thousands of cyclists are set to take over the streets. >> critical mass cyclists are rolling in san francisco from around the country and around the world to celebrate the movement's 20th anniversary in its home city. >> when it first started in 92 ae, bicycling was not a mainstream thing. if you
to and to link deficit numbers. >>catherine: forget the election, they're already casting ballots. one example is this was early voting and the state of iowa. catherine heenan, kron 4. >>jacqueline: this warming trend is going to become significant. the highs for the inland valleys were quite warm. ninety-three's in antioch, livermore. with and 90's. 70's-93 in antioch but take a look at the coast. cool in daly city. 55 degrees in half moon bay with that really dense fog. it is not going to clear out. this is a live look at the golden gate. visibility is quite low. and at half moon bay, just one half mile visibility at this moment. we can see that it is going to change, overnight. that fog will return with cloud coverage returning. it should lend her by noon. temperatures will be cooler with 70's, 80's by-noon, clearing. temperatures much, much, warmer with the reversal. it will seek warmer temperatures for the inland valleys. and for the bay shore, and even 70's along the coast guard tomorrow, plus an for most locations. '70s, '80s. 78 in the san jose. antioch, livermore. and concord, pleasan
in virginia told veterans the nation's debt is more than just numbers on paper. >> trillion dollar deficits. that debt is owned by somebody. someone holds that. that puts america in a position of economic risk. >> reporter: but even supporters are split on how romney can win this race. >> there is more fire in the belly. >> he needs to stick with the facts. it's all about the economy. >> reporter: more than half the country already started voting days before the first presidential debate. more numbers now. gallup is reporting the president's approval rating is sticking at 50%. and this could turn out to be his best month in a year. >> tracie potts for us in washington. thank you. >>> last night on the rachel madow show bill burton talked to racel about the impact or lack thereof super packs are having on the romney campaign. >> on the republican side, the story they tell about mitt romney is there is no story about mitt romney. the story they tell about barack obama is well he's always bad things. if you're trying to figure out well what is it that -- what's the strategy here? how are we tr
measures to reduce its deficit, one of the worst in the eurozone. the dow closed 72 points higher thursday while the nasdaq was up 42 points. >>> american airlines says it will take its pilots union to court unless the union ends its job action. american has had a surge of canceled or late flights since the beginning of the month. the pilots union says there is no sickout or slowdown but the union is angry over the company's decision to use bankruptcy protection to impose new work and pay rules. >>> goldman sachs will pay about $12 million to settle civil charges in a so-called pay-to-play scheme. the securities and exchange commission said a goldman executive allegedly provided campaign services to a candidate running for governor of massachusetts in 2010. in return, the company wanted to win the state's lucrative bond business. goldman settled without admitting or denying those charges. >>> and facebook is thinking big by thinking small. the social media site started a new feature that allows users to send small gifts to friends such as a coffee or a pastry. most of facebook's revenue co
their first game of the week investors were encouraged by spain taking tough measures to reduce its deficit one of the worst in euros known the doll produced 7 points higher while the nasdaq was up 42 points. american airlines says it will take its pilots union to course unless the union and its job action is accusing them of fighting back by filing more maintenance complaints to cause flight delays and cancellations and had a surge of cancel late flights since the beginning of the month pean says there is no slowdown but the union is angry over the company's decision to use bankruptcy protection to impose new work and payrolls. gaea quakes that have been hundreds of flights canceled. >>> picture is the season of giving and face that is getting into the act. did police they spoke as the king paid by thinking small the social media said started a new feature that will allow users to send small real life gives to their face but friends such as a copyright pastry or even stocks was a face of revenue comes from display advertising and it does get a% of each sale which if enough of these books
about global demand. >> platinum and palladium demand is sort of in a deficit. you do have supply. you would say, well, maybe we're not producing enough. these are very difficult metals to produce. the supply constraint is such that you can't just kick new production on. as i say, it comes out of south africa. it comes out of russia, and our mine in montana. so the two metals are used primarily for the same product. and that is catalytic converters in cars. you have kind of a surging market for cars. you have the regulatory requirements stepping up in the cars. and you've got sort of this price-driven move from platinum to palladium, so the madeium is getting the bigger mrketn the cars than platinum has had in the past. so essentially the demand is really quite strong. >> tom: frank, with that cupid of demand outlook for platinum, how do you explain the price differential between gold and platinum. traditionally, as you are well aware, gold is priced per ounce below platinum but right now gold is about $100 above platinum. >> people are looking forward and saying they want something wi
will talk about his. those who believe they want bigger government, more intrusive government, deficits as far as the eye can see will vote for him. those who think we should encourage economic growth, promote small business, and create more jobs will vote for me. >> the first debate will take place next wednesday night in denver. >>> president obama is urging patients when it comes to this country's economic recovery. he spoke of what he calls an economic patriotism during a rally yesterday in virginia beach. >> an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. i won't pretend that getting there is easy. the truth is it's going to take a few more years to solve challenges that were building up over decades, but i want everybody here to understand our problems can be solved. our challenges will be met. >> the president will hold campaign events here in washington. >>> pick up the pace. that's d.c. council mayor marion berry's demand to council members investigating the 2010 campaign of vincent gray. he also accused prose
encouraged by taking tough measures to reduce the deficit. the dow closed 72 points higher thursday while the nasdaq was up 42 points. >>> american airlines says it will take its pilots union to court unless the union ends its job action. american has had a surge of canceled or late flights since the beginning of the month. the pilots union says there is no sickout or slowdown but the union is angry over the company's decision to use bankruptcy protection to impose new work and pay rules. >>> goldman sachs will pay about $12 million to settle civil charges in a so-called pay to play scheme. the securities and exchange commission said a goldman executive allegedly provided campaign services to a candidate running for governor of massachusetts in 2010. in return, the company wanted to win the state's lucrative bond business. goldman settled without admitting or denying those charges. >>> and facebook is thinking big by thinking small. the social media site started a new feature that allows users to send small gifts to friends such as a coffee or a pastry. most of facebook's revenue comes fr
inspector general. >> it puts the actual structural deficit right now at about $1 billion. >> so we need to come up with ideas fit for tough times. others can it rang up controversy like the one quarter cut in city communications staff fewer paid city holidays and already raising the ire of our union suggestions of eliminating hundreds of chicago fire fighters. there are things to put out there for people to explore and examined as we try to address our fiscal situation. 31 suggestions in total. mike shields talking about chicagos murder rate and the unthinkable nature of police. >> michelle obama stopped at a talk show studio today. later we caught her heading into one of two fund-raisers for the president or she was a guest speaker of course she told her audience is that barack is fighting for all of this and deserves a second term. the regular referees are finally back in the nfl the union that represents the officials reached a new contract deal much to the release of the player's fans and coaches the agreement referees will see their salaries rise to 205,000 by 2019. the league wi
no quick, 9/4, going deep, and then josh read a, hit two home runs, the a's deficit at this point is just two games but they could not quite get over the hump in the ninth inning. joe nathan strikes out, they ended and the a's lose 9/7 fishing boat road trip at 4/6. the fall for behind the rangers. but the angels lost today so oakland maintains a two game lead in that wild-card standings to get into the playoffs. since he is recovering from shoulder surgery, dallas braden has not done much on the field but he is doing plenty off of it. his appearance at a stockton town hall has gone viral thanks to this story from steve large. >> we're not going to have individuals shout out, for fairness for the rest of the crowd. >> deep in the crowd, sporting a backward baseball cap, his pointed shouting match with the police chief almost had him thrown out. but the a's pitcher continued his outrage after this anti violence rally and he made it clear who he is. >> is there in 21 to make with achieve? >> absolutely. my name is dallas braden. >> he says that he no longer feel safe in stockton with the mu
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